I had a phone call fom a Realtor who had made an appointment to show a listing of mine with 2.5% commission to the buyers agent.

The conversation went something like this, me answering," Hi  good afternoon this is Mike", Him" My name is xxxxxx with xxxx I am going to show your listing this afternoon if you will guarantee 2.7% to me." My response" bring  an offer and we will then discuss commission", his response" I don't do less thyan 2.7%, if you don't guarantee 2.7% I won't show your listing", my response" bring me an offer, then we will talk",him back to me"2.7% or it's no deal", me " what about your buyer?",him" will you guarantee 2.7%", me" if you bring an offer we will discuss the split", him" I've been in this business too long, it's 2.7% or I don't show it", me " don't show it then!', him .. he hung up.

He did show or at least he opened the lock box. No feedback though!

What would you have done?  Is this ethical?

Thanks, Mike. 

 

 

2 Comments on What do you think of this?

JAN
15
2007
5 Featured Posts

Ethical or not I'm not sure about.  One thing I'm sure about is his unwillingness to show homes offering less than 2.7% commission is a disservice to his clients.

Out here in CA there's no auctioning of commissions, you get what's offered in the MLS.  I would check with your local board to see if he's violated any code of ethics.

11:34pm • #1
5 Featured Posts
I wonder what his customer would think if he knew that this was going on. 
11:51pm • #2

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Mike Cleaver

Shoreview, MN

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Wallin Residential Properties, Inc.

Address: 8729 Central Ave.NE, Blaine, MN, 55434

Office Phone: (651) 894-4755

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